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Subject: McAfee SNS Notice: McAfee Announces Intention to Acquire Skyhigh Networks *IMPORTANT* Date: Mon Nov 27 2017 07:30 pm
From: Lord Time To: All

 
   
 ** Important Announcement**

November 27, 2017

McAfee Customers,
Nearly eight months ago, McAfee became one of the worldÆs largest pure-play
cybersecurity companies. At that time, I committed to our customers, partners
and employees that we would be a company focused on innovation and growth with a
singular pledge of keeping the world safe from cyber threats. Today, we continue
the journey by announcing that McAfee will acquire Skyhigh Networks, the
worldwide leader in the cloud access security broker (CASB) market segment.

Skyhigh is an ideal complement to McAfeeÆs strategyùone focused on building and
optimizing mission-critical cybersecurity environments for the future. Cloud
security has historically been an afterthought of, or impediment to, cloud
adoption. With customersÆ most valuable asset, data, increasingly finding
residence in the cloud, itÆs time security move to the forefront. At the same
time, security cannot hinder cloud adoption, as the transformation the cloud
promises extends far beyond the corridors of IT to every facet of modern
business. 

Skyhigh had this prescience five years ago, when it distinguished itself as the
first cybersecurity provider to launch what is now a burgeoning CASB category.
They purpose-built a cloud platform for both frictionless experiences and
coordinated control. They envision a world where the cloud is not only
secureùbut the most secure environment for business. Many of the worldÆs largest
companies have put their confidence in Skyhigh. And, major industry analysts
agree, positioning Skyhigh as a leader. Skyhigh earned these accolades by
putting customers at the core of their businessùa value shared by McAfee. 

Indeed, McAfee and Skyhigh share more in common than values. We both aspire to
make cybersecurity an accelerant to the limitless potential of our digital age.
We both know that our employees are at the heart of everything we do. And, we
both are committed to modernizing cybersecurity environments for the future. 

McAfee is placing our bets on where we believe those environments are best
modernizedùwhere endpoint and cloud serve as the architectural control points
linked by the security operations center with actionable threat intelligence,
analytics and orchestration, and enabled by an open ecosystem. McAfee started
its legacy in endpoint; Skyhigh in cloud. Each company is known as a leader in
the category it helped create. And, upon this transaction close, both legacies
will meet under one company, McAfee, to offer our mutual customers
market-leading capabilities in the two control points that matter most. 

We hope to finalize the transaction shortly after completing certain regulatory
approvals and satisfying customary closing conditions. Until then, itÆs business
as usual for both McAfee and Skyhigh. Once the deal closes, you can be confident
that the combined force of these two companies will be a whole greater than the
current sum of its partsùyet one more example that together truly is power. And
our pledge to keep our customers, communities, governments and nations safe from
cyberattacks will be stronger still. 

Onward,
Christopher D. Young
Chief Executive Officer
McAfee


RESOURCES
McAfee Newsroom
McAfee Press Release via Business Wire 

 
  
   
 
 
 

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